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Stock Market & Financial Investment News

News Breaks
May 5, 2014
10:00 EDTPSDV, RXII, HEAR, MCEP, LGCY, LQ, LJPC, LRE, KING, FEYE, ADMSOn The Fly: Analyst Initiation Summary
Adamas Pharmaceuticals (ADMS) initiated with an Overweight at Piper Jaffray... FireEye (FEYE) initiated with a Hold at Deutsche Bank... King Digital (KING) initiated with a Buy at BofA/Merrill... LRR Energy (LRE) initiated with an Underperform at BofA/Merrill... La Jolla (LJPC) initiated with a Buy at H.C. Wainwright... La Quinta (LQ) initiated with a Buy at Stifel... Legacy Reserves (LGCY) reinstated with a Neutral at BofA/Merrill... Mid-Con Energy (MCEP) initiated with an Underperform at BofA/Merrill... Parametric Sound (HEAR) initiated with an Outperform at Cowen... RXi Pharmaceuticals (RXII) initiated with a Buy at H.C. Wainwright... pSivida (PSDV) initiated with a Buy at MLV & Co.
News For ADMS;FEYE;KING;LRE;LJPC;LQ;LGCY;MCEP;HEAR;RXII;PSDV From The Last 14 Days
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October 30, 2014
16:57 EDTLRELRR Energy lowers 2014 daily production outlook to 6,400-6,450 Boe/d
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16:56 EDTLRELRR Energy reports Q3 EPS 95c vs. 1c last year
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16:48 EDTLQLa Quinta files to sell 20M shares of common stock for holders
08:39 EDTLGCYLegacy Reserves removed from Stifel Select List at Stifel
Stifel removed Legacy Reserves from its Select List after lowering its long-term oil price forecast to $80 per barrel from $90 per barrel. However, the firm continues to believe that the company has a number of long-term positive catalysts, and it reiterates a Buy rating on the shares. Target to $27 from $33.
October 29, 2014
16:21 EDTLGCYLegacy Reserves reports Q3 EPS $1.02, may not compare to consensus 18c
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October 28, 2014
16:07 EDTADMSAdamas Pharmaceuticals expands ADS-5102 Phase 3 program
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10:52 EDTFEYEIT security stocks climb after FireEye upgrade, Radware outlook
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10:12 EDTFEYEOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Buffalo Wild Wings (BWLD) upgraded to Outperform at RW Baird... CPFL Energia (CPL) upgraded to Buy from Neutral at UBS... Core Laboratories (CLB) upgraded to Overweight from Equal Weight at Morgan Stanley... Dril-Quip (DRQ) upgraded at Morgan Stanley... DryShips (DRYS) upgraded to Outperform from Underperform at Imperial Capital... FireEye (FEYE) upgraded to Positive from Mixed at OTR Global... GOL Linhas (GOL) upgraded to Outperform from Market Perform at Raymond James... Madison Square Garden (MSG) upgraded to Buy from Hold at ISI Group... Nobel Biocare (NBHGY) upgraded to Neutral from Underweight at JPMorgan... STMicroelectronics (STM) upgraded to Neutral from Sell at Citigroup... Trinity Industries (TRN) upgraded to Positive from Neutral at Susquehanna... Twitter (TWTR) upgraded to Hold from Sell at Pivotal Research... Wal-Mart de Mexico (WMMVY) upgraded to Overweight from Equal Weight at Barclays... Wright Medical (WMGI) upgraded at RBC Capital... XL Group (XL) upgraded to Hold from Sell at Deutsche Bank.
09:22 EDTFEYEFireEye upgraded to Positive from Mixed at OTR Global
OTR Global raised FireEye's view to Positive based on strong demand for malware protection due to recent security breaches.
October 27, 2014
07:33 EDTPSDVpSivida receives $25M milestone payment
pSivida announced that it has received the $25M milestone payment under its out-license of ILUVIEN for the treatment of diabetic macular edema. The milestone was earned on the approval of ILUVIEN by the U.S. Food and Drug Administration. “This milestone payment together with our cash on hand should fund our planned product development and other operations into calendar 2017. In addition, we will receive 20% of any net profits from sales of ILUVIEN for DME on a country-by-country basis as well as royalties on sales of Retisert,” said Dr. Paul Ashton, Ph.D., President and CEO of pSivida Corp.
07:25 EDTFEYEFireEye November weekly volatility elevated into Q3 and outlook
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October 23, 2014
15:53 EDTLJPCLa Jolla's GCS-100 Phase 2a abstract released, says Jefferies
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11:25 EDTFEYEInternet security names climb after Check Point, Fortinet beat expectations
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October 22, 2014
16:09 EDTLQLa Quinta sees FY14 adjusted EBITDA $367M-$372M
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16:05 EDTLQLa Quinta sees FY14 RevPAR growth 7%-7.5%
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16:04 EDTLQLa Quinta reports Q3 EPS 16c, consensus 17c
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06:44 EDTFEYEU.S. weighing cybersecurity requirements for bank vendors, NY Times says
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October 20, 2014
12:03 EDTKINGKing Digital launches Candy Crush Soda Saga worldwide on Facebook
Earlier today, King Digital Entertainment (KING) announced that Candy Crush Soda Saga, the sister title to hit game Candy Crush Saga, has launched worldwide on Facebook (FB). Candy Crush Soda Saga is the next iteration in the Candy Crush franchise, set in the world of the Candy Kingdom. Fans of the original hit can now switch and match their way through new dimensions of gameplay with exciting new graphics and features including game modes, candy combinations, gameplay mechanics and more. Candy Crush Soda Saga is set to launch on mobile in the coming weeks.
October 17, 2014
12:30 EDTLRELRR Energy board increases quarterly dividend to 49.75c
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08:30 EDTLQLodging cycle is not broken, says Credit Suisse
Credit Suisse said the correction in the Lodging group has crated a buying opportunity in its best ideas, Marriott (MAR), Hilton (HLT) and La Quinta (LQ). The analyst said low supply growth, healthy corporate travel demand, and lower gasoline prices continue to support the lodging cycle.

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